Akamai revenue rises on demand for cloud security | Reuters

Akamai Technologies Inc (AKAM.O), a provider of services that speed up delivery of content over the internet, reported a better-than-expected 7.8 percent rise in quarterly revenue, helped by higher demand for its cloud security services.

Revenue from Akamai's cloud security business, which protects websites and data centres from cyber attacks, rose 46 percent to $80.7 million for the first quarter.

The Cambridge, Massachusetts-based company is facing a slowdown in its media delivery business after two of its largest customers, which the company has not identified, recently switched to their own delivery networks.